Understanding the New Tax Forms

Most people didn’t think it was possible, but our income taxes have gotten even more difficult. That’s especially true this year – people are paying their first penalties under the individual mandate and going through the first premium tax credit reconciliation process. In this course, we’ll review the new tax forms used to apply for an exemption from the individual mandate, calculate the shared responsibility penalty, and reconcile the advance premium tax credit (and try to convince you that they’re not as difficult as some people think).